Stratos Wealth Partners LTD. Boosts Holdings in Invesco S&P 500 Revenue ETF $RWL

Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 9.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 138,880 shares of the company’s stock after buying an additional 12,488 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco S&P 500 Revenue ETF were worth $15,902,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter valued at $1,452,000. Fifth Third Securities Inc. increased its stake in shares of Invesco S&P 500 Revenue ETF by 62.0% in the 3rd quarter. Fifth Third Securities Inc. now owns 15,018 shares of the company’s stock worth $1,662,000 after purchasing an additional 5,749 shares in the last quarter. Asset Allocation Strategies LLC raised its holdings in Invesco S&P 500 Revenue ETF by 112.9% in the 3rd quarter. Asset Allocation Strategies LLC now owns 138,933 shares of the company’s stock worth $15,374,000 after purchasing an additional 73,684 shares during the period. Avestar Capital LLC raised its holdings in Invesco S&P 500 Revenue ETF by 18.2% in the 2nd quarter. Avestar Capital LLC now owns 52,494 shares of the company’s stock worth $5,475,000 after purchasing an additional 8,092 shares during the period. Finally, Brookstone Capital Management lifted its position in Invesco S&P 500 Revenue ETF by 26.7% during the third quarter. Brookstone Capital Management now owns 131,974 shares of the company’s stock valued at $14,604,000 after purchasing an additional 27,818 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA:RWL opened at $115.59 on Friday. The stock has a 50-day simple moving average of $118.00 and a two-hundred day simple moving average of $114.89. Invesco S&P 500 Revenue ETF has a 52-week low of $86.97 and a 52-week high of $121.76. The firm has a market capitalization of $8.14 billion, a PE ratio of 18.14 and a beta of 0.92.

Invesco S&P 500 Revenue ETF Profile

RevenueShares Large Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P 500 Index (S&P 500) by investing in the constituent securities of the S&P 500 in the same proportions as the RevenueShares Large Cap Index. The Fund consists of the same constituent securities as the S&P 500. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually.